Service Economy

This usage, and similar ones, would appear to be somewhat contradictory to the widespread assumption that we now plump in a post-industrial era: that the age of steel mill has given way to an age of information processing systems, or even in the most advanced countries to a "service economy." Should today's poorer countries cease lamentable about being less industrialized, and instead simply jump the industrial phase to achieve a state of post-industrial modernity.

In order to understand this app bent contradiction, we must clarify what we average by "industrial." In much popular usage, this word retains somewhat the flavor of the mid-20th century. It con nones steel mills, railroads, and auto plants -- more broadly, "machines" in the mind of big, noisy contraptions with lots of moving parts -- but not estimators or cell phones, much less a computer software program. However, a moment's reflection makes it clear that a computer is as much a machine as a steam locomotive is, and producing one is equally an industrial process. They are simply less noisy, and their moving parts are practically invisible electrons rather than gears and camshafts. A computer program is as well a type of machine, though a "virtual" one, utilise by another machine, the computer running it. Indeed, the term "software," though originating in the computer industry and still generally associated with

It whitethorn also be, however, that Indian quick traditions lend themselves to this industry. Ancient Indian scholars produced an analysis of the grammatical patterns of Sanskrit that was furthest more sophisticated than the work of contemporary Greek and Latin grammarians. As the term "programming language" suggests, the structural logical system of software has much in common with linguistic structures. honourable as later European technological development was foreshadowed by medieval inventions such as the mechanical clock, traditional Indian modes of thought, deeply rooted in Indian education and society, may lend themselves to the particular skills needed by software developers.

bandage technology is thus not the sole factor in globalization, it is a primary one, and the underlying driving engine of globalization. In theory, globalization should be a win-win for both the industrialized and growth countries. Highly industrialized countries can concentrate on with-it technologies, while developing countries find it easier to obtain the capital and proficient skills needed for their own industrialization. While industrial wages in developing countries are generally much lower than for the alike(p) industries in industrialized countries (a prime motive for "outsourcing"), they tend to right better than the jobs previously available in developing countries. An interpreter of the positive interaction between globalization, industrial technology, and the developing countries is the possible action that industrialized countries could find a profitable market in exporting cleaner, less-polluting industrial technology to developing countries (Luken and Friej 2).

Industrial applied science and Globalization:

The Rise of Industrial Technology and Development:

Hesperian imperialism soon followed. This was the first way that industrial technology had an continue on what would now be called developing countries, and its effects arrive lasted to the present day. The difference between ind
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